GFMS: Improved mine output, weak demand to pressure copper prices

Growing negative market sentiment, along with rising warehouse stocks, mine supply and weakening demand, could weigh on copper prices, said a metals consultancy Tuesday.
Copper prices are weaker so far in 2013, and if selling pressure intensifies, Thomson Reuters GFMS said prices could fall to $6,500 a metric ton. However, the firm said it believes the red metal could spend most of the year within its recent broad trading range………………………………………..Full Article: Source